Photo: File

Prairie Wheat Weekly: Modest increases for cash prices

Spring wheat and durum cash prices were moderately higher across the Canadian Prairies for the week ended Dec. 19. This was despite losses in Chicago and Kansas City wheat and Agriculture and Agri-Food Canada projecting larger all wheat ending stocks for 2025/26. Minneapolis wheat bumped up on the week, lending some support to Canadian cash prices.

ICE Canada Morning Comment: Canola bouncing back

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were stronger on Monday morning, turning around following a week of declines. The most-traded March contract pushed above the psychological level of C$600 per tonne but remained well back of its major moving averages. Support for canola came from upswings in the Chicago


Global Markets: U.S. seizes Venezuelan oil tanker

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – The United States Coast Guard confirmed on Sunday it was pursuing a sanctioned oil tanker in the Caribbean Sea as the Trump administration continued to target vessels connected to the Venezuelan government. On Saturday, the White

Canadian Dollar and Business Outlook: Loonie on the rise

By Glen Hallick Glacier FarmMedia | MarketsFarm – The Canadian dollar pushed higher on Monday morning, supported by a decline in the United States dollar and an upswing in crude oil. As of 8:38 am CST, the loonie was at US$0.7274 or US$1=C$1.3752, compared to Friday’s close of US$0.7256 or US$1=C$1.3781. On the U.S. Dollar



Canadian Financial Close: Slight movement in loonie

By Glen Hallick Glacier Farm Media | MarketsFarm – The Canadian dollar closed relatively steady on Friday, following modest upticks in the United States dollar and crude oil. The loonie closed at US$0.7256 or US$1=C$1.3781 compared to Thursday’s close of US$0.7260 or US$1=C$1.3774. On the U.S. Dollar Index, the greenback rose 0.257 of a point


Photo: Clinton Austin/Getty Images Plus

U.S. livestock: ‘Cattle on feed’ report supports prices

Chicago cattle futures rose as the USDA’s ‘Cattle on Feed’ report showed inventories two per cent down from a year ago. Most-active April live cattle futures gained 1.850 cents to close at 230.000 cents a pound. June contracts settled at 223.825 cents per pound, up 1.725 cents. Most-active March feeder cattle futures gained 4.800 cents




ICE canola price slide continues Friday

Glacier FarmMedia — ICE Futures canola contracts continued their downward slide on Friday, as the market lacked any supportive fundamental news. Weekly Canadian canola exports of 57,400 tonnes were down by 80 per cent from the previous week in the latest Canadian Grain Commission data. Crop year-to-date exports at 2.4 million tonnes compares with 4.2